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, illinois. he laid out a vision for his second term. >> the belief that while each of us will pursue our own individual dreams, we are an american family and we rise our fall together as one nation and as one people. and in the coming weeks and months, i am looking forward to reaching out and working with leaders of both parties to meet the challenges we can only solve together, reducing our deficit, reforming our tax code, fixing our immigration system, freeing ourselves from foreign oil. we've got more work to do. >>> romney made his concession speech in boston, massachusetts. >> i so wish, i so wish that i had been able to fulfill your hopes to lead the country in a different direction. but the nation chose another leader. so ann and i join with you to earnestly pray for him and for this great nation. >> americans also cast vote for their senate and house of representatives. abc news projects the democrats will hold onto their majority in the senate and the republicans will keep the house. that means the political wrangling that played out for most of obama's first term could continue. ba
sitting in this auditorium, those in overflow rooms, those who are listening to us or watching us in various media and who will intersect us on the internet sometime in the next days and weeks. i'm jane harman, president and ceo of the wilson center. and as some of you know, we recently joined forces with npr to create this year-long public event series that we call the national conversation. npr's president and ceo, my california buddy gary knell who has a muppet, which is an improvement on himself, named after him for his roles, his role before on running sesame street is sitting in the front row, as is joe gildenhorn, ambassador joe gildenhorn who is the chairman of the wilson center board of trustees. and i'd like to welcome many other friends here today. my hope is that this series will provide the public, that is you, with new opportunities to engage in much-needed civil discourse free from spin, imagine that in this election season, in the safe political space that the wilson center provides. for today's event, the wilson center and npr, partnered with the chicago council o
for people in the state of new york. the storm that hit the u.s. northeast put some polling stations out of commission. the governor is relaxing the rules so voters won't be shut out. andrew cuomo issued an executive order allowing residents in areas affected by the storm to vote at any station. officials in neighboring new jersey are also making it easier for people to cast ballots. more than 60 polling stations in new york city are still unusable because of flooding or lack of electricity. workers have set up alternative sites. the voting process in manhattan and the city's other boroughs has become more high-tech. people will be using a new electronic system. they mark paper ballots then insert those into a scanner. it's the first time the system people will use the system in a u.s. presidential election. the results will start streaming in tuesday evening in united states. obama and romney will watch the returns come in from their respective home bases, chicago and boston. obama arrived in his hometown early in the morning with the first lady. the latest polls suggest the president a
at 9:15, the impact of new leadership in china on u.s. relations. president obama traveling in parts of asia. we will have those segments, plus, we will take a look at the papers and take your phone calls as well "washington journal ."shington, we will see you then. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> next, a discussion on the future of u.s. diplomacy. after that, a forum on the effectiveness of al-qaeda in yemen. >> a former state department officials from the obama and george w. bush administration's discuss public diplomacy in a tough budget in vermont. the discuss the effectiveness of student exchange programs and government-backed broadcasting outlets, like "voice of america." the george washington school of international affairs hosted this event tuesday. this is an hour and 45 minutes. >> that is public diplomacy in action. [laughter] i'm a professor here at gw and the director of the institute for public policy and global communication. you can find us on twitter @ip dgc. we're also on fa
in the state of new york. the storm that hit the u.s. northeast put some polling stations out of commission. the governor is relaxing the rules so voters won't be shut out. andrew cuomo issued an executive order allowing residents in areas affected by the storm to vote at any station. officials in neighboring new jersey are also making it easier for people to cast ballots. more than 60 polling stations in new york city are still unusable because of flooding or lack of electricity. workers have set up alternative sites. the voting process in manhattan and the city's other borrows has become more high-tech. they can mark paper ballots and insurt those into a scanner. it's the first time the system will be used in a u.s. presidential election. the results will start streaming in tuesday evening in united states. obama and romney will watch the returns come in from the respective home bases, chicago and boston. >>> obama arrived in his hometown early in the morning with the first lady. the latest polls suggest the president and his republican challenger mitt romney remain locked in a dead heat.
a possible recession if the deal on taxes is not reached. investors continued to worry if the u.s. will avoid the dreaded fiscal cliff, let's not point out the most previous minutes. plus retail cannot escape hurricane sandy. sending sales numbers down about 1%. a 4% rise in profits, jumping as much as 32% right now. staples looking good after having higher on all kinds of news. check out what else is soaring today. finally getting an earnings report that people like better-than-expected earnings after the bell yesterday, expected optimistic guidance. the chairman and ceo, 24 hours since those numbers came out, we will ask him if he investors should be expecting more numbers like today and what does he think about the fiscal cliff. what ideas does he have the president right now. and why we dropped 50 points farther from where we were already. down about 78 points, fell 122 down, now it does not look good. why? >> why? i thought maybe you would say something positive. i think we are just dealing with the aftermath of the election. this is not unexpected. it is the same old rhetoric, the same
>> hi, everyone. welcome to the "journal" coming to you live from dw in berlin. the u.s. president defies a fragile economy and high unemployment to win the election, telling the american people the best is yet to come. >> appeals from angela merkel to her european partners -- an end to the eurozone debt crisis will require more unity. >> and a parliamentary vote on another round of austerity cuts in greece. >> thanks for joining us. barack obama has won his second term in office as president of the united states, but his celebrations will be short-lived as the multitude of urgent issues on his desk draws him back to work without delay. >> the first order of business will be to negotiate a new budget deal in congress by the end of the year. otherwise, and harsh plan of spending cuts and tax increases are due to go into effect. we will hear more about that later on in the show, but first, a look back at how things play out on election night in the u.s. >> his face said it all -- president barack obama had to fight hard to keep his job in a tough race against his republican challenge
for his second term. >> the belief that while each of us will pursue our own individual dreams, we are an american family and we rise our fall together as one nation and as one people. and in the coming weeks and months, i am looking forward to reaching out and working with leaders of both parties to meet the challenges we can only solve together, reducing our deficit, reforming our tax code, fixing our immigration system, freeing ourselves from foreign oil. we've got more work to do. >>> romney made his concession speech in boston, massachusetts. >> i so wish, i so wish that i had been able to fulfill your hopes to lead the country in a different direction. but the nation chose another leader. so ann and i join with you to earnestly pray for him and for this great nation. >>> americans and people around the world are waiting to see how president obama will address the challenges he mentioned in his victory speech. nhk world's political commentator nakajima joins us. tell us how obama won a second term? >> for a start, he is the incumbent president that puts him in a position of po
. ramin mellegard joins us from the business desk. we saw many americans celebrating the re-election of president obama but it seems the mood was different on wall street. >> it really was. we're seeing the reactions following the elections. investors really concerned about tax and spending issues and that's going to be a major focus going forwd. government spending cults and tax hikes are set to go into effect at the end of the year. the so-called fiscal cliff. investors worry obama will be unable to resolve the crisis with the house of representatives still controlled by the republicans. the key index on the new york stock exchange fell sharply when markets reopened after the election. the dow jones industrial average at one point lost over 360 points. the index finished the day at 12,932, down 2.3% from the previous day's close. new york stocks dliped from the start as investor concerns shifted to how obama will address the country's economic challenges. they're particularly worried the fiscal cliff could weigh down u.s. growth into the new year. >> it's a pretty sad day
the problems they face. nhk world's james tengan is in beijing covering the congress. he told us more about the main players in china's transition of power. >> reporter: we've got an idea who will head up the next generation of leaders. we've heard their names before, xi jinpi xi jinping. we heard their names before and will be hearing them for years to come. they will be chosen for top party posts next week and unveiled to the world. analysts say xi will become president taking over for president hu jintao. >> chinese president xi jinping is 59 years old. communist party leaders named him vice chairman of the central commission in 2010. xi's taken an act i havi role in diploma city as well as domestic affairs. >> xi jinping's pather was a vice premier, so she became part of china's informal network. princelings gain power by taking advantage of their parents and status and ties to influential fingers. but xi didn't have it easy. authorities ousted his father and jailed him during the cultural revolution. xi was forced to work in the countryside as a teenager. he went to a prestigious unive
the if stuff here on on "worldwide exchange." >> but there are two of us. you're back. >> i'm back here. eyes are getting better. >> glasses are gone. >>> so on today's program, we'll bring you live updates from beijing as the chinese economy shows signs of improve. >>> and we'll head out to washington for a view on how the handover of power in china will impact relations in the u.s. >> we're in london to talk about shipping trends. >>> plus what will obama do about the looming fiscal cliff? we'll have plenty of analysis from commentators. >> and we'll hear first from the cfo of aliance. but first day two data suggested growth is picking up and inflation is moderating meaning beijing may have more scope to ease if necessary. ppi industrial output and retail sales all came in better than forecast. eunice joins us from beijing. i'd hate to suggest this is quite good timing for this data. very convenient. >> what are you suggesting? a lot of people are saying that the numbers are showing the economy is bottoming out and a lot of people do use the numbers as a guideline at least. they're saying t
. thank you for joining us. receive tomorrow. ♪ lou: good evening. we began this broadcast with a number of developments that have taken place not hours ago, but days. it is unclear tonight whether permission about these developments has been managed, and if so, to what purpose. today two days after the president's election, we learned that two iranian fighter jets, like this one, attacked one of our unmanned an unarmed predator drones. that attack took place 16 miles off the coast of kuwait in international airspace. happened last thursday, but an administration official has remained silent until today. today we learned that boeing will be slashing another 10 percent of management jobs in its defense division by the end of thii year in an effort to cut more than $2 billion in costs. boeing says it cannot project exactly how many workers will lose their jobs as a result. and boeing is going to some great lengths to insist that these layoffs have nothing to do whatsoever with the sequestered defense cuts set to take place next year. you will recall that less than two months ago the obama
>>> welcome to nhk world "newsline." the two leading candidates fighting to be u.s. president hardly have time to sleep or eat as they dart from state to state trying to solidify their support. the latest poll ahead of tuesday's vote suggests barack obama and his republican challenger mitt romney are almost tied. obama has 49% support. romney has 48%. the candidates dashed through key swing states over the weekend, including new hampshire. they are making their final arguments to voters. both campaigns are trying to lock in crucial electoral college votes. >> you know that i know what real change looks like, because i fought for it alongside you. i've got the scars to prove it. i've got the gray hair to show for it. >> romney hopscotched between the swing states of new hampshire, iowa, colorado and ohio. >> the question of this election comes down to this, you want four more years like the last four years or do you want real change? >> romney is also focusing on wisconsin, one toss-up state where obama is said to have a lead. and he is running more tv ads in pennsylvania, mich
speeches, fund-raisers, they're all over. now comes down to u.s. voters. more than 120 million are expected to show up at the polls. >> and european investors are holding off on big moves. equities just edging higher led by technology stocks. >> and adecco sees hiring picking up in america. >>> we're finally here, election day in the united states. before that, we have the latest pmis out of the eurozone. economy declined steepening going into the fourth quarter. the final services pmi lower than the flash. it was 46.2 was the flash. lowest since july 2009. that means the composite final pmi 45.7. the flash 45.8. french services pmi weakened, also. 46.2. so both those major parts of the eurozone economy -- >> and remember, this is a leading indicator. if you see europe doing any better next year, you have to start seeing at least this indicator bottoming. >> dollar just dipped down to its lowest point of the session on the back of that. and of course we've got in spain they're talking about the groth being much weaker than the government's forecast. >> even though their service might have b
covering the congress. he told us more about the main players in china's transition of power. >> reporter: we've got an idea who will head up china's next generation of leaders. we've heard their names before, xi jinping and li keqiang. and we'll be hearing them for years to come. they'll be chosen for top communist party posts next week and unveiled to the world. analysts say xi will become general secretary, taking over for president hu jintao. chinese vice president xi jinping is 59 years old. communist party leaders named xi vice chairman of the central commission in 2010. xi's taken an active role in diploma city as well as domestic affairs. >> xi jinping's pather was a vice premier, so xi became part of china's informal princeling network. princelings gain power by taking advantage of their parents and status and ties to influential fingers. but xi didn't have it easy. authorities ousted his father and jailed him during the cultural revolution. xi was forced to work in the countryside as a teenager. he went to a prestigious university in beijing from 1975 to 1979. and then he spent
's shift to democracy in a first ever trip by a serving u.s. president to the country. but he cautions that his trip should not be seen as an endorsement of the country's sgoechlt. and oil futures hitting a two week high as international pressure mounts for a cease-fire in gaza. u.n. secretary general ban ki-moon is heading to cairo for emergency negotiations. good morning, welcome to the program packed full of fantastic guests to give you you updates and analysis on where we are in trade. if europe, higher by 0.8%. coming off the 3 1/2 month low that we saw in the close on friday, helped along by optimism on the negotiations to avoid a fiscal cliff state side. we saw quite a rally in the u.s. on friday's close and that is feeding through to europe here this morning. ftse 100 higher by 09%, xetra dax by more than 1% and ibex 35 more than half a percentage point. the bond markets, the question is whether or not we'll see a lid on on bond prices on treasuries especially if we manage to overt a fiscal cliff scenario, if we see productive talks continuing. right now we're seeing the yield
of the "huffington post." thanks for joining us. >> thank you formation me un. >> eliot: polling is more than picking up the phone, calling 12 random people and adding up who said what? >> increasingly, when i started in this business 25 years ago you could do something like that. you could get a scientifically random sample, a few reasonable steps to make it rigorous and not have to do a whole lot of waiting or adjustment afterwards. now there have been a combination of things. lower response rates the whole cell phone problem basically two-thirds of us have two kinds of phones. another third roughly have a cell phone only, and it's a whole lot harder to know what the odds are getting someone over one phone or another. pollsters are having to make a lot of assumptions one way or another about either about the demographics of who they interview or the mechanism that they use to select it. >> eliot: i want to break this down a little bit. the moment you talk about waiting some answers more than others you're putting into play an opportunity for the pollster to exercise discretion that may be correct o
these wonderful advance there is was no backlash. the republicans didn't use this as a wedge issue. they didn't run ads on it. they didn't bring it up at the debate. there was silence. it means that we as gay americans, we're wedge no more. >> eliot: expanding rights for gays and lesbians, and now it's the ballot box where the public by majority vote say we're believe in this conception of civil rights. it's a fundamental and very historic wonderful thing to see. there is this gaping hole in federal law. explain why it is still there and what we wanted to do about it. >> congress for many years have been dragging its feet on a very simple bill to bandies crime ban ban discriminating for being gay. we expect real progress now that president obama has been reelected in terms of an executive order that will ban the companies that profit from federal contracts. that's almost one in four jobs in america. this will be a huge step forward and we're expecting it pretty soon. >> eliot: now just so people can understand many states have passed laws that extend the rights that we're talking about. but
, and honolulu, newman's own foundation, and union bank. >> at union bank, our relationship managers use their expertise in global finance to guide you through business strategies and opportunities of international commerce. we put our extended global network to work for a wide range of companies, from small businesses to major corporations. what can we do for you? >> it has been a truly momentous week. first, the u.s. election. the confirmation the chinese elite will steer china through the next decade. >> china will develop its own type of democracy, whether the west except it or not. >> we speak to henry kissinger in his first television interview since president obama was reelected. >> i think that both obama and xi jinping will have to acts themselves how they expect the relationship to of golf. >> with social media websites going in and out of fashion, we asked the founder of tumblr makes this different. >> it is a delightful surprise when you bumped to a stranger who cares about the same stuff that you do. >> the leadership of the world's second-largest economy is being replaced a
foundation and union bank. >> at union bank our relationship managers use their expertise in global finance to guide you through the business strategies and opportunities of international commerce. we put our extended global network to work for a wide range of companies, from small businesses to major corporations. what can we do for you? >> this is bbc world news america reporting from washington. i'm kathy kay. armed with new job numbers and old attack lines, the two candidates for president begin their final pitches. the new york marathon cancelled amid suffering after sandy. residents of staten island say they've been forgotten. >> this is new york city, the financial capital of the world. putting right what's happened here is going to take many months and maybe longer. >> and getting ready for new leaders in china. tonight we continue our series of special reports on the challenges they'll face. >> welcome to our viewers on public television in america and also around the globe. with just four days to go before the u.s. presidential election, a new jobs report is fueling arguments on t
. job figures are out in the u.s. today at the battle for the white house goes to ohio and wisconsin. dozens of young men have been shocked by the military in northeastern nigeria. welcome to bbc world news. also, the world bank says burma and will get its first development plan. and, tackling the energy question. human rights groups have condemned a video posted on the internet which appears to show syrian rebels of executing captured government soldiers. amnesty international says if confirmed, it constitutes a war crime. we are asking whether this is something new. >> it has happened before. but now it is becoming more and more obvious that the rebels are committing killings like the regime, and at the same level, both of them. it is just days before a big conference in doha where the opposition is asked to unified under one group, in order to bid but to lead the rebels on the ground, because there's a big discrepancy between the political leadership and the rebels on the ground who are fighting, in their aspirations, in the way they are conducting their rebellion. >> are they out
, so whether the u.s. down there or italy and spain here in the periphery, 4.7%, 6%, remarkable there, level for spain even today as the country's banks are being more fully examined in light of the national examination plans. the dollar/yen pulling back about half a percent to 8167. let's get to deirdre bolton from singapore. hi, deirdre. >> hi, kelly, how are you? and it's morris, by the way. but i'm flattered that you call me bolton. in china and hong kong, it was all about, what else, the fiscal cliff. those comments from the senate majority leader harry reid overnight really sparked some jitters in this session today, so we have red across the board. the shanghai composite, it is well and truly below that 2011 level, shedding another .9 of a percent. the hang seng was feeling some of that pressure from chinese stocks and shedding .6 of a percent. it was the mainland banks that were the culprit. they didn't fare as badly if the mainland. some capital requirement rules are going to be implemented that are raising concerns about loans and the ability of these major banks to give out
at the manhattan institute. thank you for joining us. the question of whether and how government, particularly the federal government directs tax dollars to specific industries was a discussion in last night's presidential debate and has become an important and ongoing theme in the current presidential campaign. the terms by which washington assisted the finance and auto industries have been the focus of intense debate but the most contentious example of all is the one on which diana furchtgott-roth, senior fellow and speaker this afternoon focuses in her timely and important new book "regulating to disaster: how green jobs policies are damaging america's economy". in it, she subjects assumptions and policies which led to such ill-fated federal investments as that of the now bankrupt solyndra solar panel manufacturer as well as the a 123 caller battery manufacturer to a withering analysis which we at the institute have come to expect of the oxford trained economist whose chief of staff for the council of economic advisers. sorry. during the administration of president george w. bush. in her bo
>>> welcome to worldwide exchange. here are your headlines. the final set of numbers on the u.s. jobs market before the election are out in just a few hours forecasts calling for another month of modest but not stellar payroll growth. >> dow, nasdaq post strongest session since mid september. >> the rising cost of sandy, one major risk modeling firm now says the economic losses from the storm could reach $50 billion. >> and china steps insecurity ahead of next week's com you uhe nis party congress. even model airplanes have been grounded. if you're just joining us, very good morning to you. this is where we stand. we are at the moment dow 24 points below fair value. let's show you where we is an with you're feuropean stocks. cac down half a percent, ftse 100 down 0.2%. let's show you some individual stocks in focus. losses on friday hurt by a sector wide slump. equipment maker cutting back spending down as you can see merely 7%. rbs coming out with results this morning. this is the uk bank with a government owned majority and part nationalized lending reporting an increase in th
, the streets, cars, we have this oasis of a natural environment. it reminds us of what san francisco initially was. >> this is a section for dogs and plenty of parking. transit is available to get you there easily. and the part is ada -- park is ada accessible. there is also a natural lake. this is your chance to stroll and let the kids run free. it also has many birds to watch. it is the place to find some solitude from the city and appreciate what you share with a wonderful breath of fresh air. , an experienced this park and enjoy the peoples, picnics, and sunshine. this is a lovely place to take a stroll with your loved one hand in hand. located in the middle of pacific heights on top of a hill, lafayette park offers a great square a of a peaceful beauty. large trees border greenery. it features tables and benches, a playground, restaurants, and tennis courts. there are plenty of areas for football, frisbee, and picnics. it is very much a couple's part and there are a multitude of experiences you can have together. bring your dog and watch the mean go with the community or just picnic at o
looked at it in a journalism lands, it has seemed to us, and this will probably offend most of you, but to be higher at to touche -- the higher education institutions have not covered themselves in glory. the enrollment and a financial aid of people are not being very strict because they want to enroll people with what the costs are really going to be and what the alternatives might be of coming to their wonderful places. what it means to take out a loan and how much is reasonable for a person to borrow. it is true that this is a matter of public choice, really. people have the right to make the choices they want. but i want to hear from you all whether there is more you think the university should be doing without stepping on people's right to send their kids to whatever school they think their kids should go to. is there more you all could and should be doing to help guide those choices and make it less about enrolling everybody in your institution? anybody who wants to talk should. >> i think a lot of the public outrage is what is happening in private higher education, not publi
to u.s. leaders negotiating over the so- called fiscal cliff about the serious financial impact looming on the horizon. that's where we begin this morning. how confident are you about the state of the u.s. economy? what steps are you taking to prepare for the potential impact if the u.s. goes off the fiscal cliff? give us a call this morning. you can also catch up with us on all your favorite social media sites, twitter or facebook. or e-mail us. thismorning to you on wednesday, november 21. we are talking about federal reserve chairman ben bernanke's comments yesterday about the fiscal cliff, and getting your thoughts on bthe u.s. economy. and this headline -- also, in the financial times -- to tell little bit more about ben bernanke's , and sister day we turn to david clarke of "politico," their financial services editor. thanks for joining us. guest: thanks for having me. host: what is making the most waves from his speech? guest: in the past he has warned that congress and the president's path to take care of the fiscal cliff. yesterday he said it is not simply doing it but how they
>>> these are your headlines. >> a tough start to a new month for equities as all through u.s. indexes snap a four month winning streak in the first day of trade after the market shut down. >> campaigning resumes as the northeast assesses the damage from super storm sandy. good and big earnings day for oil giants giants. shell sees a fall and exxonmobile due to report before the opening bell. >> growth recovery may be near. official october pmi bouncing back into expansion territory. >>> we're under way just one hour and an awful lot to to get to. >> new york city still struggling to right itself after monday's super storm. one stap he have the big apple will return, the mta will resume partial subway service on 14 lines. la guardia airport will also reopen at 7:00 a.m. with limited service. amtrak says it will try to restore service to penn station come friday. >> homes in bay ahead are seriously damaged or destroyed. president obama got a firsthand look with governor chris christie yesterday afternoon. >> and danielle lee joins us, she's in the town of toms river. and we kn
have given us arab awaking 101, 201 and 301. >> next, steve ratner talks about addressing the fiscal cliff. of he was joined by the state department's chief economist at the world affairs council to talk about president obama's second term and policy changes ahead. this is about an hour. [applause] >> thank you very much for that introduction. lori has said to me that since we started a bit late, provided it's okay with our speakers, we'll run a little built late, maybe five or ten after two. i'm going to ask them questions for about 40 minutes and then throw the floor open to you. so get your notebooks out and your questions, you can grill them in a moment. before starting, lori asked me to set the frame a little bit and to talk just for a moment about the u.s. competitiveness and the u.s. economy in a global context. and their actually was an oecd report that came out this morning that does that admirably. this report predicts that within four years, by 2016, the chinese economy will be bigger than the economy. and what the oecd report sort of further says, it's a great report. if
's losses. now, on the upside, we've got a stronger u.s. currency. the u.s. dollar muscling higher, finding firmer footing and hitting a two-month high against the euro today. but the price of oil in part because of the stronger dollar -- stronger dollar is lower. crude oil dropping today after the energy information administration reported a bigger than expected build in crude supplies. we get it every wednesday. that was of course for the last week, plus european central bank president's draghi negative comments about the euro zone economy, all of this weighing on oil. we see oil moving to the down side. speaking of europe, take a look at this video right now. came in a few minutes ago. more than 80,000 greek protesters outside of parliament turning violent ahead of the austerity vote to avoid financial disaster. we have had reports of fires burning, smoke as we're seeing the sun go down at this point, not going to be a good night there in greece. we are keeping our eye on that very fluid situation. protests, elections, hurricanes, nor'easters. okay, is lightning striking me here? we have
be accomplished, without a ramping up of military activity in gaza, that's preferable. >> joining us from gaza nbc news foreign correspondent amman mohyeldin. sorry. amman, before we get into the analysis here, give us an update as far as where things stand in terms of egypt's mediating what could be peace talks in this situation? >> sure. yeah. all eyes have shifted away from gaza about a couple hundred miles south of here and it's all about cairo right now because that's where egyptian intelligence officials and egypt's president is negotiating a truce between israel and the palestinian factions. in the last several hours, egypt's president mohamed morsi has met with both the head of hamas's political office and head of islamic jihad, the two biggest factions in gaza. both of them are saying that they're willing to enter truce with israel on certain conditions. these conditions are that gaza lifts a punishing blockade and siege that has been imposed on gaza since 2006 and allows the free moment movement of people in and out of the territory and supplies and medicine. they want assurances from is
and higher after hours. u.s. weekly jobless claims fell more than expected dropping to a seasonally adjusted 355,000, a drop of 8,000 claims as a possible sign of a healing job market although officials are warning figures may be distorted by superstorm sandy. the four week average applications rose by more than 3,000 of these numbers, change from week to week. liz: let's get a greater perspective. we have jerry levy on the pits of the cme, eugene profits and mark martyak, robert gray at the ready to break in with earnings as soon as they hit the table but let's start with jerrod at the cme. we blew through the 1400, 1440 level on the s&p like this. what do you think? tomorrow and the next couple weeks? >> of paper for we are standing on. a lot of folks watching the 1380 level. i'm watching the 2 and the day moving average of 1360. i jumped in front of the frame. i was selling to avalanche david talked about the vix coming in and markets deteriorated. the reason is people like me to dip their toes in, professional option traders selling downside money put them the right to buy -- dave: i wan
paul joins us. let's go "outfront." tonight, we have late breaking developments in the petraeus scandal. first, we are just learning the name of the fbi agent who helped start the investigation that eventually led to the resignation of the nation's top spy. the name of the agent is frederick w. humphries ii. he's 47 years old. he was the investigator who first learned of a complaint from jill kelley that she received harassing e-mails. the government has taken away for now, the top security clearance of paula broadwell, the former mistress of david petraeus. this is after investigators found substantial classified information on her computer and the glare being question, did broadwell's relationship with david petraeus give her access to these classified documents? "outfront" tonight, cnn national security contributor, fran townsend. she's also a member of the cia external add voizry committee and knowed a lot about what it means to have top clearance. the name of the fbi agent, frederick humphries, who was by the way, involved in foiling a terrorist attack in 1999. very accomplished fb
clear yesterday that he is open to new ideas. the u.s. cannot afford tax cuts that were passed 10 years ago -- over 10 years ago now. he feels that the most fair way to pick our revenue shortfall is by raising revenue from the very top. >> explained to everyone, if you can. under balsams and, it was predicted that we have -- bowl es-simpson, it was predicted that we would have 16 trillion dollars. even if you have that, why is that ok to have 22 trillion dollars of debt at in 10 years? by the is that considered still a good thing to do? -- why is that considered still a good thing to do it? >> the best capacity is the size of the debt relative to the economy. what the president has proposed is to put us on a path where the debt is stabilized and we are coming down relative to gdp. >> it is still 100% of gdp. >> i would explain a little bit about the numbers. that is the 16 trillion dollar figure that you mentioned earlier. i do nothing that is inappropriate way of measuring our debt. it is not the measure of that that is economic relevant. >> ten or 12? >> closer to 12. >> ok. the unemp
tengan is covering the congress. he joins us from beijing. james? >> reporter: gene, this process is carefully choreographed and controlled. chinese authorities are generally restrictive. but the bamboo curtain really comes down during the congress. that makes the job of jury roomism that much harder. still china's political transition is one of the biggest stories going right now. so despite the controls, no media organization wants to miss out. they got up early to get in line outside the great hall of the people. journalists from china and abroad, hundreds of them, all jockeying to get a better position for the opening of the communist party's congress. journalists from around the world have converged on beijing underlying the international community's keen interest on what direction china will take with the changeover in power. chinese government officials say more than 2,700 domestic and international journalists are covering the meeting. media are trying to find out something, anything about this secretive political process. it's not easy. >> it was really difficult to get t
and the president fithe fiscal mess they put us in before it's too late? and the other side is about to about in congress that nobody is talking about. welcome to "the willis report." ♪ ♪ gerri: welcome everybody, i am gerri willis. the u.s. dangling over the fiscal cliff. washington can't get its act together speaker boehner challenging president obama to lead us. his first comments on the economy sense reelection, he seems emboldened by his reelectio with more on this, chris stirewalt. it is great to have you here. i want to start by talking about what the president had to say today. he seemed pretty firm on what he said so far about what we need to do with taxes in this country. here is the president. >> i am open to compromise. i am open to new ideas. i am committed to solving our fiscal challenges. but i refuse to accept any approach that is not balanced. i am not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me, making over $250,000 are not asked to pay a dime more in taxes. [applause] gerri: chris, jay carney comes out
to come. nhk world's james tengan is our guide to the congress. he joins us from beijing. james? >> reporter: yes, gene, it's a brisk 7 degrees celsius here in beijing, and the city is now abuzz that the congress is under way. signs and banners bearing slogans are everywhere. some read "cheers to the great chinese communist party," for without the communist party, there would be no new china. this is a major political event, and authorities carefully orchestrate every detail. i went for a tour of beijing to see what they've done. signs of the congress are everywhere in beijing -- flowers, elegant decorations and banners. when i got into a taxi, i found another sign. ahead of the party congress, local authorities here in beijing have instructed all taxis to take the handles off so that people can't open the windows. chinese authorities are trying to prevent activists from throwing antigovernment leaflets out of the windows of moving taxis. police in beijing have put strict traffic checks in place for vehicles entering the capital. government authorities have mobilized an army of
in this morning two-way end. -- two ways. you can tweet us or send an email. we invite you to check out our facebook page. the headlines for this meeting yesterday reflect the same type of town seen in the washington post this morning. a picture of president obama and john boehner. the upbeat tone was a dramatic shift from recent years when the president and a gop fortified by anti-government activists clashed repeatedly over spending and taxes. if he were to go to yesterday's new york times, they have a listening are at least pictures of the key leaders that will be involved in this process. to show you where they stand specifically on some issues, here is the president saying he will reject any bill that extends tax cuts for the wealthy. here is john boehner who has said raising tax rates is unacceptable and a new revenue should be generated by economic growth spurred by a simpler tax code and that closes loopholes and and deductions. there are some other leaders involved in this project. what do you think they will be able to do to keep the fiscal cliff from happening by the end of the y
soared on cyber monday. and all bets are off. prediction market entrade says it can no longer accept u.s. customers as market regulators say its trades aren't legal. shanghai composite closed below 2,000 for the first time in three years. it comes at a time when plenty have been talking up chinese growth prospects for next year. so we'll get into that more later. but 1991 is the closing level. this the main one to watch across asia. the nikkei did manage to continue it rally adding about 0.4% as the yen weakens on comments this morning. forex, the dollar-yen one to watch, 82.19 is the level there. the aussie dollar doing a little bit abouter despite that weak number on the shanghai composite. sterling is flat. we'll get into that more later. and euro-dollar just barely higher today, we did see it rallying over the 1.30 mark last night. as we look at crude rallying adding a third of a percent. brent about a quarter of a percent. copper, we're adding 0.2%. 354 bucks on that contract. the real foe you can as we continue to examine whether china's economy is fundamentally hanging in there, c
. are you using that risk shipping process to bring your vendors up to standards, and i would be interested in the tape on using the contracting process rather than the regulatory process. >> okay. we already doing that. we have standard language in every language, that it will follow the nasa security policies and procedures. we have created that and put that together, and we also have the regulations that massive supplements to that that speaks to that. we have also addressed it that way. that is the minimum of what you have to do. what we need to do is raise the bar. once that language is in there, maybe five years old or 10 years old or even five minutes old, five minutes later, the bar is raised and it is continually vigilant. and the challenge is how you can tinley pulled accountability to the contractor for things that are always changing. there is no easy answer to that. you just keep plugging along. >> and you say that is a better solution than doing it as a blanket regulation, even across specific sectors? >> i'm saying that that is a minimum. >> i like the idea of it. the idea of
and midnight tonight, both live. that's all for us tonight. don lemon is up next. over to you, don. >>> hello, everyone, you are watching cnn and i'm don lemon. tonight, i'm in downtown columbus, ohio, at the beautiful boat house restaurant, our host here and i want to show what you thousands and thousands of people in this city did today. it's early voting in the columbus and all over the state of ohio, voters here got one weekend to cast votes ahead of election day, just one weekend. last election, they could vote on five weekends before the election. so, these people bundled up against the cold, i was out there with them today. they waited in very long lines here in columbus, some of them for two hours or more to pick a man to award their state's 18 electoral votes. and a brand new poll to show you, a nationwide poll of likely voters who were asked just one question, who do you support for president of the united states? and if you thought the race was close up to now, i want you to take a look at this. 49%, 49%. president obama and mitt romney, nationwide among likely voters. that poll wa
in the u.s. we'll head out to new york city later in the show for a preview of what to expect on wall street today. and more than 2,000 hand picked chinese delegates gathered at the great hall of the people to kick off the communist party week long transition. beijing will only officially reveal the next generation leaders thursday. hu jintao promised political and economic reform, but he stressed china won't abandon one party rule and will stick to the socialist path. eunice is live for us. this is his big final speech, so reading in sort of between the lines almost is very telling. it's the legacy he's trying to cath. and what less gassy is that? >> many here believe what he is saying is significant in that it is his final farewell. he really was just reading through the work report to talks about the achievements, the economic and political achievements that the party has had. and also to outline the future challenges. one of the first challenges you had already addressed is the issue of corruption. he said the government needed to do more to root it out. >> eunice, we're having tr
recreational use of marijuana, which will mark the beginning of the end of the war on drugs. this may be the most costly and futile war the united states has ever waged. we've spent $1 trillion to fight this war without reducing availableability of drugs while also destroying our pea nal system. according to data from the oecd. about 1 president 6 million americans were arrested in 2010 on drug charges, most for using marijuana. this week's votes indicates that americans have begun rethunking these policies, perhaps moving toward ones that would deprive drug cartels of their huge profits and allow police to focus on serious crime. perhaps the most sturching shift came not in the pass of a ball let measure but an exit poll finding, one that mierch move us. >> when asked what to do, almost two-thirds wanted to grant them legal access. john mccain had to run away from his own handiwork when he was campaigning for the white house. i hesitate to build a grand narrative out of all of this, but the trend seems to be toward individual freedom, self-expression, and dignity for all. this divers
here. they're telling us to go inside the shop. we'll stay here. all right. seems like something impacted in the distance. not sure how far away. okay. the alarm stopped. it was over there? okay. all right. i think we can get up again. all right. are you still there, carol? >> we are still there and we're nervous, fred. you're sure -- you're not even wearing any protection. are you okay? >> reporter: well, yeah, we're fine. we're fine. yeah, so it seems as though the impact was quite a ways in the distance, i would say a couple miles in the distance. there over in the sky you probably won't be able to see it here, there's an interceptor missile. that's the iron dome. if you just saw the flash in the sky, that was a rocket coming out of gaza that was just intercepted right now. it appears as though at this point in time there is another barrage being fired from gaza into this part of israel close to the israeli border. as i was telling you, this town here on the border is one that does take a lot of fire very frequently. so this is really something that is very commonplace for the
on new efforts to stop the deadly violence in the mideast. glad you are with us, everybody i'm jenna lee. jon: i'm jon scott. israel gears up for a ground offensive to combat the deadly hamas rocket attacks it too prefers a diplomatic solution to end the dry sis. all this as the death toll rises to nearly one hundred. israel appears to be stepping up its bombing campaign, launching air strikes at key targets in gaza, one hitting the immediate quarters of the palestinian national security forces causing a huge explosion with thick, black smoke seen over gaza city this morning. but hamas not letting up, firing hundreds and hundreds of rockets into israel over the past few days. 75 just today alone. israel's iron dome an antimissile battery intercepting 20 of them. reports today that one did hit a school in southern israel. thankfully, though, it was empty at the time. leland vittert live on the israel-gaza border for us now. leland. >> reporter: jon, we were at that school, there was no kids there, because they don't have snow days here, they have rocket days. today being one of them. behi
off the magnet. .. who are using undocumented workers. that will cut down the flow by about 90% of the border. that makes it possible to secure the border for those that are trying to come across for nefarious purposes for criminals enterprises. we can stop them at the border. then we say to those that are here in an undocumented status you are on probation paying a fine and this is to me what i find when i talk to people the most emotional issue in all of this is language. i find americans across the generations don't want us to have to sing the national anthem in two languages at the world series. they won the national anthem in english even if they were american. so they have to agree if they want to stay here permanently they have to agree to read, write and speak english. i find that among the undocumented workers they have no problem with this. they want to learn english. they understand that to live the american dream they have to learn to speak english. it's only liberals who inhabit college campuses and education departments who have a problem with english becoming the
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